Robert M and Lenore W Carrier Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Robert M and Lenore W Carrier Foundation is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1953, with $226,381 in FY2023 revenue. CharityIndex grades it C+.
6200 Poplar Ave, Memphis, TN, 38119 EIN 62-6035575 Since 1953
Revenue (FY2023)
$226K
▲ 188.1% vs prior year
Expenses (FY2023)
$131K
Net assets
$1.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Robert M and Lenore W Carrier Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating172 mo reserves · +42% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Robert M and Lenore W Carrier Foundation: 172 mo reserves · +42% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Robert M and Lenore W Carrier Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Robert M and Lenore W Carrier Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $61K (FY2019) to $226K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.9M
Operating margin
42.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $226,381▲188% | $130,932▼2.2% | $1,881,345▲5.3% | $1,881,345▲5.3% | 990PF |
| 2022 | $78,565▼25.0% | $133,930▼10.9% | $1,785,896▼3.0% | $1,785,896▼3.0% | 990PF |
| 2021 | $104,783▼58.0% | $150,331▲12.8% | $1,841,261▼2.4% | $1,841,261▼2.4% | 990PF |
| 2020 | $249,753▲312% | $133,245▲7.3% | $1,886,719▲6.6% | $1,886,719▲6.6% | 990PF |
| 2019 | $60,556 | $124,154 | $1,770,211 | $1,770,211 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Robert M and Lenore W Carrier Foundation a legitimate nonprofit?
- Yes. Robert M and Lenore W Carrier Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-6035575, based in Memphis, Tennessee. Donations are tax-deductible.
- What is Robert M and Lenore W Carrier Foundation's EIN?
- Robert M and Lenore W Carrier Foundation's Employer Identification Number (EIN) is 62-6035575.
- How much revenue does Robert M and Lenore W Carrier Foundation report?
- Robert M and Lenore W Carrier Foundation reported $226,381 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Robert M and Lenore W Carrier Foundation have?
- CharityIndex grades Robert M and Lenore W Carrier Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Memphis
Explore more
Data for Robert M and Lenore W Carrier Foundation (EIN 62-6035575) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.